New Last Words, Possible Spy Trade
Tuesday, April 1, 2014
Vol. 3, No. 91
Flight 370: The competence of Malaysian authorities is under question again after they gave a new version of the last words from Flight 370. They now say one of the pilots in the missing jet said, “Good night Malaysian three seven zero” – not “all right, good night” as previously reported. The difference might not matter, but it feeds the belief that Malaysian investigators can’t get anything right.
Obamacare: A surge of buyers hit the Healthcare.gov website yesterday to meet the deadline for buying health insurance. The Administration says they hit their original goal of signing up 7 million people by March 31.
Nation: Several news outlets report that the US is considering the release of Jonathan Pollard, an American imprisoned 30 years for spying for Israel, in exchange for concessions to Palestinians in the Middle East Peace negotiations. Pollard is a Jewish American who was an intelligence analyst recruited by Israel in the 1980s to pass along information to the Jewish state. If there are negotiations about his release, it’s a major development in a case that has always hindered US/Israel relations. Israel has long sought Pollard’s release and the US has been adamant about making him live out his life sentence for espionage.
>The FBI is investigating whether computerized high speed and high-frequency stock trading is actually a form of illegal insider trading. High speed trading computers can look at major trades before they are executed and judge the direction a stock is going to take, up or down, taking advantage before the rest of the market. Author Michael Lewis, in his new book “Flash Boys”, writes that for ordinary investors the market is essentially rigged.
Heat in the Street: Officials in Albuquerque are calling for calm after hundreds of people took to the streets to protest several fatal police shootings, including the killing of a 38-year-old homeless man believed to have mental troubles. The dead include an Iraq war veteran described as having post traumatic stress disorder. Over the weekend police used teargas to disperse demonstrators. The protests were sparked by police helmet camera video that shows the cops shooting 38-year-old Michael Boyd from a distance at which he could not have harmed them with the knives he was holding.
Hindsight: The federal government will require automakers to put rear view cameras in all new vehicles weighing under 10,000 pounds by a deadline of May 2018. According to accident statistics, 210 people a year are killed by backing vehicles and 15,000 are injured. Nearly a third of the victims are children under 5.
The Obit Page: Hobie Alter, the perpetual boy of summer who changed surfing with foam core boards and made sailing an everyman sport with the Hobie Cat, died over the weekend at age 80. Before Hobie, surfboards were made with relatively rare balsa wood, but he introduced the easy-to-shape foam core that revolutionized surfing. Without Hobie, the Beach Boys wouldn’t have had anything to sing about. His 14-foot catamaran took sailing out of the yacht club with a boat that could be trailered and launched anywhere. Hobie, as he was known, spent his life by the Pacific saying he wanted to make a living without ever wearing hard-soled shoes or working east of California’s Pacific Coast Highway. He did.
Cool: The National Portrait Gallery has picked what it considers to be the 100 “coolest” Americans from James Dean, to Jimi Hendrix, Lou Reed, and Deborah Harry. Frank Sinatra is in there … so is Elvis, Bob Dylan, Patti Smith, and Chrissie Hynde. But please, Barbara Stanwyck and Madonna? John Travolta and Bruce Lee? Is this a Washington notion of cool?
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